The Obama Administration has voiced its unease with China’s development of the new cyber antiterrorism regulations. As I explained in my previous blog post, China claims that their updated policy on foreign technology companies will protect national security – especially in light of the recent
actions revelations of a certain Mr. Edward Snowden. [The Prof: the actions were by the NSA and their ilk!]
In an interview with Reuters, President Obama openly criticized China’s strategy. “We have made it very clear to them that this is something they are going to have to change if they are to do business with the United States,” President Obama told Reuters. Officials and lobbyists in Washington also believe the new regulations are unfairly targeting Western companies.
Last week, second draft of the legislation was read over by a parliamentary body, and it plans to ratify the law within the next few months. If China follows through with its plans, then it will only raise the feelings of mistrust between the two economic giants.